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Going to one huge support formed with trendline + pivots, its have one great chance to go up after bounce on this area.
Great chance to go up with low risk reward.
- 618 Fib Retracement
- Trendline Support
Wait for break the channel and correction for sell.... or it can make new top... so attention to sell before the time :)
We have one hidden divergence and possible leg 5 to confirm the wolf waves.
Its made double top on higher TF
Also we can see good divergence on RSI, great chance to go down.
Sell at breakout.
Someone asked what is the target for audusd, when we see wolf waves completed like this chart, usually the target is the trendline with 1 and 4
WW in play
It touch on support level and going up, great possible to form the wave 5.
Also we have divergence on RSI.
Money management on that and let it run!
- Key Level on EURGBP
- Support Trendline
High possible to make new top
It can complete the 5º wave down, support is around 1.3976
- Possible breakout with divergence on Stochastic.
Its touchs on support and we have divergence on stochastic, it can make new top.
Wolf waves completed + divergence on MACD.
Attention only if the point 5 will break up.
Is best to sell on breakout of yellow line.
- It stopped on daily support
- Divergence on MACD
Great chance to go UP Emoticon smile
It is on trendline resistance + key level
Great probability to go down.
- Price on 50.0 Fib Extension
- Support Level
Have great chance to go up!
- Wave 5 from WW Completed
- Price is on Resistance Area
- At moment, divergence on MACD.
Lets see what happens if will break the resistance or confirm the downtrend.